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Tokyo Court Denies Ex-Nissan Chief Ghosn's Bail Request

A Tokyo court on Tuesday rejected a request for bail for ex-Nissan chief Carlos Ghosn, who faces three charges of financial misconduct and has been detained since November.

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Germany at Risk of Recession but Economists Keep Faith

Germany will find out on Tuesday if Europe's top economy ended 2018 in a technical recession, with fears over slowing momentum fuelling calls for Berlin to use its fiscal leeway to bolster growth.

Federal statistics office Destatis will publish a preliminary estimate of Germany's fourth quarter and full-year gross domestic product figures for 2018, data closely watched across the eurozone for signs of a wider slump.

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Salameh: Money Transfer Firms Must Not Pay in Dollar to Recipients

Central Bank Governor Riad Salameh on Monday called on all money transfer companies operating in Lebanon, such as Western Union and OMT, to exclusively use Lebanese currency when dispensing foreign cash transfers to recipients.

Central Bank sources told LBCI TV that the request is aimed at combating money laundering.

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Eastern Mediterranean Countries to Boost Energy Ties

Eastern Mediterranean countries including Egypt and Israel agreed on Monday to boost energy ties through the creation of a body to strengthen the gas market.

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Poland 'Must Pay' for Huawei Arrest, Says Chinese State-Run Daily

Poland "must pay" for arresting an employee of Chinese telecom giant Huawei for alleged espionage, state-run tabloid Global Times said on Monday.

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EU Economy Chief Says 'Difficult' to Get Digital Tax Deal

The EU's Economic Affairs commissioner said Monday that it will be "difficult" for the bloc to agree unanimously on an EU-wide tax on high-tech giants by a self-imposed March deadline.

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China's U.S. Trade Surplus Hit Record in 2018 but Tariffs Bite

China's trade surplus with the United States hit a record high last year but the country's imports and exports fell in December as the long-running trade war begins to bite in the world's number two economy, data showed Monday.

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China-N. Korea Trade Battered by UN Sanctions

China's trade with North Korea plummeted last year, data showed Monday, as harsh UN sanctions batter the nuclear-armed country's economy.

Beijing is a key ally of the isolated state and its main source of trade and aid -- but in 2017 it backed United Nations measures to punish Pyongyang over its nuclear and ballistic missile activities.

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Debt Restructuring 'Totally Out of the Question', Says Khalil after Baabda Financial Talks

The issue of restructuring Lebanon’s public debt is not on the table and is “totally out of the question,” caretaker Finance Minister Ali Hassan Khalil reiterated on Sunday after senior-level talks at the Baabda Palace.

He was speaking after a financial meeting presided over by President Michel Aoun and attended by Prime Minister-designate Saad Hariri, caretaker Economy Minister Raed Khoury, the head of the parliamentary finance committee MP Ibrahim Kanaan, Central Bank Governor Riad Salameh and the head of the Association of Banks in Lebanon, Joseph Torbey.

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Catalan Separatists Threaten to Nix Spanish Govt. Budget

The Spanish government's bid to pass a national budget is doomed unless it bends to the demands of Catalonia's separatists for a referendum on secession, the leader of the wealthy northeastern region says.

Catalan regional president Quim Torra told The Associated Press in a recent interview that the representatives of Catalonia's separatist parties in Madrid's national parliament "have made it very clear that they will vote against the budget because there has been no movement by the Spanish national government toward what we are demanding."

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